Gold Prices Drop in Pakistan Amid Global Market Decline; Silver Also Falls

Gold prices in Pakistan declined on Thursday, January 8, 2026, following a downward trend in the international bullion market, according to data from the All Pakistan Sarafa Gems and Jewellers Association. The price of 24-karat gold per tola fell by 600 rupees to 466,162 rupees, while 10 grams of 24-karat gold dropped by 515 rupees to 399,658 rupees. Similarly, the price of 10 grams of 22-karat gold decreased by 472 rupees to 366,366 rupees.

Silver prices also recorded a decline, with 24-karat silver per tola falling by 236 rupees to 8,125 rupees, and 10 grams of silver dropping by 203 rupees to 6,965 rupees. In the international market, gold prices slipped by six dollars to 4,438 dollars per ounce, while silver declined by 2.36 dollars to 76.50 dollars per ounce.

Market analysts note that despite short-term fluctuations, the long-term outlook for gold remains positive due to its intrinsic value and safe-haven status. Gold is considered a stable investment because of its limited supply and historical independence from government policies and central banks. Unlike fiat currencies, which can be issued in unlimited quantities and are affected by monetary policy, gold is a finite resource, making it a reliable store of value over time.

The scarcity of gold strengthens its role as a hedge against inflation and currency devaluation. When the purchasing power of paper money falls, gold typically retains its value, offering investors a safeguard during economic uncertainty. Its appeal further increases during periods of geopolitical instability, including wars, trade disputes, or global market volatility, when investors often shift from riskier assets to bullion.

Overall, gold continues to attract both local and international investors seeking protection against financial uncertainty, making it a consistent choice for wealth preservation during turbulent economic and political conditions.